Subject: CFA May last-min prep, study order, career-change & layoff stories

Bond Convexity in Practice: A bond with positive convexity gains more when yields fall than it loses when yields rise by the same amount. This means duration alone underestimates price appreciation in falling-rate environments, which is why convexity adjustment matters for accurate bond valuation.  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

8 articles • 8d to May'26 • 106d to Aug'26 • 191d to Nov'26

  • CFA May exam starts next week: Don't forget your passport and calculator. Our exam day checklist covers everything you need to bring and what to expect on the day. Also, deferral opens 7th May if you need it, and Feb 2027 registration opens tomorrow for those already planning ahead.

  • CFA study order for all 3 levels: Not all topics are created equal. We break down the optimal study order for CFA L1, L2 & L3 - including which topics to "sandwich" to maintain momentum and why the default curriculum order isn't always the best approach.

  • Career change, layoffs & phone interviews: One of our most personal reads - what getting laid off taught us about careers. Plus a data-driven finance career change planner to map your next move, and 10 steps to ace your phone interview when opportunities arise.


Read, and remember to comment!
Zee Tan, 300Hours

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Did You Know?
Bond Convexity in Practice: A bond with positive convexity gains more when yields fall than it loses when yields rise by the same amount. This means duration alone underestimates price appreciation in falling-rate environments, which is why convexity adjustment matters for accurate bond valuation.

CFA Exam Day Checklist: What To Bring To CFA Exams

CFA Exam Day Checklist: What To Bring To CFA Exams

Zee Tan • CFA • Exam Day & Results

The big day is nearly here. Don't let easily avoidable mistakes ruin months of hard work. We've created a comprehensive checklist to make sure you're fully prepared and focused on showing what you know. This will help you walk into the exam room with confidence.

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CFA Deferral Policy: How To Make Exam Changes, Simplified

CFA Deferral Policy: How To Make Exam Changes, Simplified

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Life happens, and sometimes you need to postpone your exam. We explain the CFA Program's deferral and rescheduling policies, so you know your options and how to navigate the process. This will help you if your plans change.

Know your options ➔

Get a Jump on Your Next CFA Exam

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Kaplan Schweser • Prep Providers

February CFA exam results are out, increase the odds of passing your next exam with a Schweser Study Package. Includes our PassProtection guarantee.

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Learn How CFA Questions Are Designed

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UWorld CFA • Prep Providers

Detailed explanations reveal the subtle wording and logic traps that often separate the correct answer from the distractors.

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What Is The Best CFA Level 1 Study Order? [2025]

What Is The Best CFA Level 1 Study Order? [2025]

Zee Tan • CFA

Here’s our outline of the CFA L1 optimal study order, developed with seasoned tutors and CFA Institute, for 2025’s topics that could work well for your study plan.

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What Is The Best CFA Level 2 Study Order? [2025]

What Is The Best CFA Level 2 Study Order? [2025]

Zee Tan • CFA

Is sticking to the CFA Institute study order the best way to prepare for your CFA L2? Here's our optimal study order that's worked best for passing candidates.

CFA L2 study order ➔

Fixed Income Instrument Features for the 2026 CFA L1 Exam

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Let Me Explain • Prep Providers

One of the most popular videos on Let Me Explain, covering Lesson 2, Learning Module 1 of CFA L1 Fixed Income 2026: describe the features of a fixed-income security. This includes the fundamental parameters of all debt securities: issuer type, maturity, principal or par/face value, seniority, and, contingency provisions.

Fixed Income Instrument Features ➔

Credit analyst training with the CBCA certification

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Corporate Finance Institute • Other Qualifications

Full access to 18 courses and certificates. Gain a competitive edge in commercial banking with advanced knowledge, real-world analysis skills, and career confidence.

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What's The Best CFA Level 3 Study Order? [2025]

What's The Best CFA Level 3 Study Order? [2025]

Zee Tan • CFA

Given the different topic areas in CFA L3, and the recent changes and pathways, which is now the best CFA L3 study topic order? Our guide has been updated to include the latest changes.

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Why Getting Laid Off Was The Best Thing That Happened To My Career

Why Getting Laid Off Was The Best Thing That Happened To My Career

Zee Tan • CFA • How to Study

How can unexpectedly losing your job turn out to be one of the best things that happen to you? Just like most big changes in life, it's whether you decide to lean into the big change, or mourn the lack of status quo.

Here's my story ➔

Finance Career Change: Plan Your Finance Career Switch With Our Free Tool

Finance Career Change: Plan Your Finance Career Switch With Our Free Tool

Sophie Macon • Career Advice

Thinking about switching to a career in finance? It's a big step, but it can be rewarding. We offer advice on how to make a successful career change into the finance industry.

Make the change ➔

Phone Interview Tips: 10 Clear Steps To Acing It

Phone Interview Tips: 10 Clear Steps To Acing It

Zee Tan • Career Advice

Nailing a virtual interview is crucial in today's job market. We provide actionable tips on how to prepare, make a good impression over video, and answer common interview questions effectively, so you can ace your next virtual interview.

Ace the interview ➔

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